Please don’t skip this message — it only takes a minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent, ‘bitcoin-only’ media is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 is all we ask for. To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send sats as a tip to a writer. All of our writers have an active tipping widget.
  • Join our campaign on 
    Awesome perks are waiting for you such as the limited edition Bukele Blend Coffee from El Salvador.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.


Colombia’s New President Has Big Plans for Blockchain

Colombia's New President Has Big Plans For Blockchain

Support free writers: > send a tip

written by

Newly-elected president of Colombia Ivan Duque has outlined his desire to turn the country into a leader in technology on the global stage, with an emphasis on harnessing blockchain to fight corruption.

President Duque has said the official focus of the government will now be directed towards issues relating to digital society, with blockchain linked to the plan by being utilized in helping increase the transparency of public expenditure.

One specific policy he plans to implement is a tax exemption for the information and communications technologies sector for their first five years should they employ enough staff, something that could encourage new blockchain-related startups. The government has also organized the INNOVA blockchain research group to find ways to protect citizens utilizing the technology.

The new Colombian leader comes from a background in technology and business rather than politics, which some consider a beneficial change while others have criticized his lack of experience. His work history includes time at the Inter-American Development Bank, the largest source of development financing for Latin America and the Caribbean.

Following a regional trend

In June, Senator Antonio Navarro Wolff of the Green Alliance said that blockchain technology had the potential to change the lives of Colombians. He highlighted its use cases in administration, protection of rights, electoral legitimacy and transparency, and management of public services, to name just a few.

Senator Wolff went on to explain the basics of cryptocurrency transactions to the Senate committee, and how blockchain enables the transactions to alternative wallets. He applauded that ease and nearly costless nature at which this can be achieved compared to the difficulties in making international bank transactions.

A lack of regulation in Colombia was cited by the senator as problematic; without comprehensive laws, there are no ways to prohibit illicit activities such as tax evasion or sale of illegal goods.


Follow on Twitter: @bitcoinnewscom

Telegram Alerts from

Want to advertise or get published on – View our Media Kit PDF here.

Image Courtesy: Pixabay

Enjoyed the article?

100% of your tips go directly to [email protected]
Need a wallet? Get it here

⚡️ Tip The Author

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


bitcoin shop miami

Read More Bitcoin News

Hayek And Bitcoin

Hayek and Bitcoin

Hayek passed long before Bitcoin’s inception, but in his book The Denationalisation of Money, he argued for nothing short of stripping the state of its monopoly power of money itself.

Read More »


bitcoin shop miami

Join our Newsletter

Video of the Week


Latest on Bitcoin News

Join our Newsletter